Mexico Consumer Confidence

Consumer confidence in Mexico increased to 112 in January 2019 from an upwardly revised 106.6 in the previous month. It was the highest reading since August 2001, as the current assessment improved for household situation (105.7 from 103.4 in December); the country's economic situation (107 from 93.3) and purchases of durable goods (106.9 from 101.2). Also, expectations rose for the next twelve months regarding the country's economic situation (127.4 from 125.4) while concerning household situation deteriorated (111.5 from 112.2). The consumer confidence has stayed above 100, the level not seen since 2008, since the leftist López Obrador won Mexico's presidency in July 2018, pledging to attack inequality, corruption and fight rising crime through economic development. Consumer Confidence in Mexico averaged 94.85 Index Points from 2001 until 2019, reaching an all time high of 116.09 Index Points in August of 2001 and a record low of 68.97 Index Points in January of 2017.

Consumer Confidence in Mexico is expected to be 101.20 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Mexico to stand at 100.30 in 12 months time. In the long-term, the Mexico Consumer Confidence is projected to trend around 102.20 Index Points in 2020, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

Mexico Consumer Confidence

In Mexico, the Consumer Confidence Index (ICC) measures the current perception and future expectations that people have about their economic situation, their family and the country in general, in respect to the purchase of consumption durables and non-durables, as well as employment, inflation and savings. The index is based on a sample of 2336 households located in the 32 major cities of the country. The ICC has a base of 100 as of January of 2003, levels above 100 indicate optimism, 100 neutrality and below 100 pessimism. This page provides the latest reported value for - Mexico Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mexico Consumer Confidence - actual data, historical chart and calendar of releases - was last updated on February of 2019.